Insurance losses are likely to reach $2.5bn as a result of severe storms that impacted a swathe of the US in mid-May, Karen Clark & Company (KCC) estimated.
May US storms to cost insurers $2.5bn: KCC

Insurance losses are likely to reach $2.5bn as a result of severe storms that impacted a swathe of the US in mid-May, Karen Clark & Company (KCC) estimated.